IN RE TARGET INDUSTRIES, INC.

Bankruptcy No. 99-43997(RG), Bankruptcy No. 99-43998(RG), Adversary No. 02-3267(RG).

328 B.R. 99 (2005)

In re TARGET INDUSTRIES, INC. and Lance Plastics, Inc., Debtors. Thomas F. Fox, Target Holdings, Inc., Target Industries, Inc. and Robert B. Wasserman, Plaintiffs, v. Congress Financial Corporation, Martin Goz, Sr., ABC Companies 1-20, John Does 1-20 and Jane Does 1-20, Defendants.

United States Bankruptcy Court, D. New Jersey.

July 11, 2005.


Attorney(s) appearing for the Case

Andrew J. Kyreakakis, P.C., by Andrew J. Kyreakakis, Bloomfield, NJ, for Plaintiffs Thomas F. Fox, Target Holdings, Inc., Target Industries, Inc. and Robert B. Wasserman.

Duane Morris LLP, by William S. Katchen, Joseph H. Lemkin, Newark, NJ, for Defendant Congress Financial Corporation.

Otterbourg, Steindler, Houston & Rosen, PC, by Stanley L. Lane, Jr., New York City, for Defendant Congress Financial Corporation.

McNally & Busche LLC, by Stephen B. McNally, Newton, NJ, for Defendants Martin Goz, Sr., Arlene Goz and Target Industrial Packaging.


OPINION

ROSEMARY GAMBARDELLA, Chief Judge.

MATTER BEFORE THE COURT

Before the Court is a Motion to Dismiss the instant Adversary Complaint filed on behalf Congress Financial Corporation ("Defendant" or "Congress"). The motion is filed in response to the Complaint filed on behalf of Thomas F. Fox ("Fox") and Robert B. Wasserman, Chapter 11 Trustee for Target Industries, Inc. and Lance Plastics, Inc. (collectively the "Plaintiffs")...

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